Cheap Homes for Rent in Lakewood Neighborhood of New Orleans, LA from $800 (20 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lakewood area of New Orleans.

property at 8810 Oleander St

8810 Oleander St

New OrleansLA70118

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

property at 8812 Oleander St

8812 Oleander St

New OrleansLA70118
property at 844 Roosevelt Pl

844 Roosevelt Pl

New OrleansLA70119

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 2520 Leonidas St

2520 Leonidas St

New OrleansLA70118

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Lakewood, New Orleans, LA Local Guide

Cheapest Available Lakewood Apartments for Rent

 

The cheapest available apartment rental in the Lakewood area of New Orleans, LA is a 2 Beds unit found at Marquis priced from $717. Lake Villa has the second lowest priced unit, which is a Studio apartment currently listed from $810. Here are the most affordable Lakewood apartments for rent in New Orleans, LA:

Apartment ListingModel NameBed/BathPriced From
MarquisB32BR,2BA$717
Lake VillaStudioStudio,1BA$810
6564 Fleur De Lis Dr1 Bed / 1 Bath1BR,1BA$1,000
4223 S Carrollton Ave1 Bed / 1 Bath1BR,1BA$1,000
Esplanade at City ParkNAPOLEONStudio,1BA$1,150

Best Value Apartments for Rent in Lakewood, LA

As of September 18, 2025 the best value apartment in the Lakewood area is the $1.18 price per square foot 3 Bedrooms, 2 Baths Model at Wilshire Heights in the in the Navarre neighborhood starting from $1,794. The second greatest value Lakewood apartment is the 4151 Canal St Model at 4151 Canal St, Unit 1 starting at $2,250 with a $1.50 price per square foot in the Mid-City neighborhood. Here is today’s list of the best values for Lakewood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wilshire Heights3 Bedrooms, 2 Baths3BR,2BA$1.18
4151 Canal St, Unit 14151 Canal St3BR,1BA$1.50
3029 Banks St3029 Banks St3BR,1BA$1.09
Daytona3 Bedrooms, 2 Baths3BR,2BA$1.28
MarquisB12BR,2BA$1.52
209 Pine St, Unit 4209 Pine St2BR,1.5BA$1.21
Metairie Plaza Apartments3 Beds, 2 baths3BR,2BA$1.39
424 Deckbar Ave, Unit A424 Deckbar Ave2BR,2.5BA$1.41
3015 Baudin St3015 Baudin St3BR,1BA$1.33
5010 Bienville StGreat 1 Bedroom Apartment1BR,1BA$1.42

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lakewood, New Orleans, LA

Ranked #21

Among cities in Louisiana for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Lakewood

What type of rentals are currently available in Lakewood?

There are currently 251 Apartments for Rent in Lakewood, LA with pricing that ranges from $717 to $14,217. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakewood ranging from $850 to $5,200.

What is the current price range for Rental Homes in Lakewood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakewood ranges from $850 to $5,200 with an average monthly rent of $2,007.

How much are larger Three and Four Bedroom Rentals in Lakewood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakewood range from $1,400 to $6,836, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $5,200. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,450.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans article

A Local Expert’s Top Budget-Friendly Neighborhoods to Rent in New Orleans

Written by: Melissa Maxwell

New Orleans is known as The Big Easy, but it's not always easy on the wallet! It's a city built around attracting tourists, so naturally everything is going to be on the pricey side.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.